Lambda Prepares for IPO with Major Investment Banks
Lambda, an AI cloud provider, has hired Morgan Stanley, J.P. Morgan, and Citi to prepare for an IPO in 2026, according to The Information.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Lambda, an AI cloud provider, has hired Morgan Stanley, J.P. Morgan, and Citi to prepare for an IPO in 2026, according to The Information.
Sola Security has raised $35 million in a Series A funding round led by S32, with participation from M12 and New Era Capital Partners, to enhance its AI capabilities in cybersecurity.
Ketryx has raised $39 million in a Series B funding round led by Transformation Capital to advance its AI-powered compliance platform for life sciences. The funding will support the company's efforts to automate regulatory workflows and accelerate product release cycles.
UST has finalized a strategic transaction with Bain Capital involving its subsidiary UST HealthProof, as announced in a press release. This move aligns UST's focus on high-growth areas like enterprise AI and cloud transformation.
Atlassian has announced its acquisition of The Browser Company for $610 million, aiming to develop an AI-powered browser for knowledge workers. The Browser Company will continue to operate independently.
HappyRobot, a Madrid-based AI startup, has raised $44 million in a Series B funding round led by Base10 Partners to enhance its AI workforce platform for freight operators, reports Reuters.
RightShip has announced that Permira will acquire a minority stake to accelerate its AI-driven growth, as stated in a press release. The investment aims to enhance RightShip's maritime safety and sustainability platform.
You.com has raised $100 million in Series C funding, valuing the company at $1.5 billion, as it shifts focus from AI search to broader AI services.
Priority Software has acquired SCS to bolster its warehouse management solutions, integrating SCS's expertise with Priority's AI-driven capabilities.
MagicDoor has raised $4.5 million in a seed round led by Okapi Venture Capital and Shadow Ventures to enhance its AI-native property management platform.
French AI startup Mistral AI is finalizing a €2 billion investment, raising its valuation to $14 billion, making it one of Europe's most valuable tech startups.
Beroe has acquired Forestreet to integrate AI capabilities and enhance its procurement intelligence platform.
Orchard Robotics has raised $22 million in Series A funding to enhance its AI-driven precision agriculture technology, led by Quiet Capital and Shine Capital.
Sierra, co-founded by OpenAI Chairman Bret Taylor, is set to raise $350 million, valuing the company at $10 billion.
Nvidia has acquired Solver, an AI coding startup, as part of its ongoing strategy to expand its AI capabilities. Solver, formerly known as Laredo Labs, specializes in AI-driven software development tasks.
OpenAI has announced the acquisition of product testing startup Statsig for $1.1 billion in an all-stock deal. Vijaye Raji, Statsig's founder, will join OpenAI as CTO of Applications.
Gravity has launched Orion, a multi-agent AI platform designed to enhance enterprise decision-making, announced in a press release. The platform aims to bridge the gap between data and action by providing proactive intelligence.
Anthropic has raised $13 billion in a Series F funding round, valuing the company at $183 billion. The round was led by ICONIQ, Fidelity Management & Research Company, and Lightspeed Venture Partners.
Astromech, co-founded by Ben Lamm and George Church, has raised $30 million to explore AI applications in biotechnology.
LayerX, a Japanese AI SaaS startup, has raised $100 million in a Series B funding round led by Technology Cross Ventures to expand its back-office automation solutions.